Revolve Group Inc. (NYSE: RVLV) is -29.34% lower on its value in year-to-date trading and has touched a low of $15.55 and a high of $33.67 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RVLV stock was last observed hovering at around $16.44 in the last trading session, with the day’s loss setting it -0.71% off its average median price target of $24.00 for the next 12 months. It is also 41.74% off the consensus price target high of $27.00 offered by 19 analysts, but current levels are 7.47% higher than the price target low of $17.00 for the same period.
Currently trading at $15.73, the stock is -13.63% and -27.51% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.4 million and changing -4.32% at the moment leaves the stock -34.70% off its SMA200. RVLV registered -36.57% loss for a year compared to 6-month loss of -38.67%. The firm has a 50-day simple moving average (SMA 50) of $1.02 and a 200-day simple moving average (SMA200) of $18.08.
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The stock witnessed a -22.66% gain in the last 1 month and extending the period to 3 months gives it a -38.94%, and is -8.60% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.34% over the week and 5.38% over the month.
Revolve Group Inc. (RVLV) has around 1384 employees, a market worth around $1.20B and $1.10B in sales. Current P/E ratio is 23.27 and Fwd P/E is 18.23. Profit margin for the company is 4.60%. Distance from 52-week low is 1.16% and -53.27% from its 52-week high. The company has generated returns on investments over the last 12 months (14.50%).
Revolve Group Inc. (RVLV) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Revolve Group Inc. (RVLV) is a “Overweight”. 19 analysts offering their recommendations for the stock have an average rating of 2.30, where 8 rate it as a Hold and 2 think it is a “Overweight”. 7 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
Revolve Group Inc. is expected to release its quarterly report on 08/02/2023.The EPS is expected to shrink by -41.20% this year
Revolve Group Inc. (RVLV) Top Institutional Holders
The shares outstanding are 73.37M, and float is at 40.48M with Short Float at 27.62%.
Revolve Group Inc. (RVLV) Insider Activity
A total of 2 insider transactions have happened at Revolve Group Inc. (RVLV) in the last six months, with sales accounting for 1 and purchases happening 1 times.
Revolve Group Inc. (RVLV): Who are the competitors?
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